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Showing 2831 - 2840 of 3270 results for "January 29"

Mortgage trusts face crisis of confidence

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 24 OCT 2008
The fate of the country's $23 billion mortgage trust sector is in the hands of the more than 150,000 investors who now have to decide whether to stay put or bail out before more mortgage trusts freeze redemptions. The federal government's bank deposit ...

Hedge funds slam ban extension

MICHAEL HOBBS  |  TUESDAY, 21 OCT 2008
The hedge fund industry has condemned the Australian Securities and Investments Commission's (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have "severe and immutable long-term effects". ASIC extended the ...

Search for equilibrium

BENJAMIN ONG  |  MONDAY, 20 OCT 2008
National governments, one on top of the other or in unison, have been throwing money and/or guarantees and/or lower interest rates at banks, financial institutions and the money markets to in order to restore confidence in the financial system. While ...

EAI merges with PRI

MICHAEL HOBBS  |  MONDAY, 13 OCT 2008
Enhanced Analytics Initiative (EAI) and the Principles for Responsible Investment (PRI) are joining forces to create a $15 trillion asset under management investment research firm. Both EAI and PRI initiatives aim to achieve better long-term investment ...

Lonsec hires head of ratings

COMPANY RELEASE  |  THURSDAY, 9 OCT 2008
Ratings house Lonsec has appointed Paul Pavlidis as head of ratings - equity managed funds. Pavlidis will begin his role next January and will be responsible for coordinating Lonsec's research of global and Australian equity managed funds. He will lead ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
The Australian share market is expected to open weaker following a negative lead from the US as Wall Street tried but failed to find some stability from an interest rate cut by the Federal Reserve and other big central banks. At 0807 AEDT, the December ...

Market Wrap - Midday

AAP  |  TUESDAY, 30 SEP 2008
The Australian stock market had lost about $45 billion in value by noon, after Wall Street went into convulsions overnight following the rejection by lawmakers of a massive rescue of the US financial system. At 1215 AEST, the benchmark S&P/ASX200 had ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
Financial markets' attention remains glued to the developing negotiations with regard to the proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the ...

Nomura absorbs Lehman Bros Australia

MICHELLE BALTAZAR  |  TUESDAY, 23 SEP 2008
Around 3,000 Lehman Brothers employees, including those in Australia, will soon work for Nomura Holdings, after the Japanese investment firm inked a deal to buy Lehman Brother's entire franchise in Asia-Pacific. The deal is still subject to certain ...

Market Wrap - Morning

AAP  |  TUESDAY, 23 SEP 2008
The Australian stock market has received a negative lead from Wall Street, where volatility swept across the financial markets as doubts intensified over the US government's $US700 billion bailout of the banking sector. At 0744 AEST, the Sydney Futures ...